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National Pension System - Subscribers

Why KFintech?

Investing In NPS

How to Join NPS

A subscriber can opt for either PAN or Adhaar based registration. PAN: You must have a 'Permanent Account Number' (PAN) or and an active Saving / Current account with any of the registered Banks (for KYC verification and initial payment through Internet Banking) to complete the registration process using this option. To view the list of empanelled Banks available for registration, click here
Initial contribution needs to be done through the Internet Banking facility of the bank selected by the subscriber during the online application process. The same bank will be responsible for KYC authentication in NPS.​
Aadhaar: The user must have Aadhaar number with registered mobile number.

  • Subscriber needs to fill up all the mandatory details online.
  • Then the subscriber needs to upload supporting documents.​
  • Subscriber need to make the initial contribution while opening the account (Minimum amount of Rs.500 for Tier I and Rs.1000 for Tier II).​

How to Contribute

All existing Subscribers registered with KFintech-CRA can contribute to their PRAN Tier I & Tier II account using ‘NPS’.

For online contribution,

  • Subscriber must have an active Tier I / Tier II account.​
  • Authenticate subscriber PRAN using the OTP sent on registered mobile number or e-mail ID.
  • Select the account (Tier-I or Tier-II) and make contributions through either via Debit / Credit card or Internet Banking option of any of the empanelled Banks. To view the list of empanelled Banks available for making contributions,
    click here
  • If PRAN is associated with a Point Of Presence (PoP), PoP Service Charges of 0.10% plus applicable GST (subject to minimum of ₹ 10 and maximum of ₹ 10,000 per transaction) will be applicable on the contribution amount.​

How to Activate Tier II A/c

All existing Subscribers associated with KFintech-CRA can activate Tier II account using 'NPS'. To activate Tier II account online :​

  • Subscriber should have a 'Permanent Account Number' (PAN).​
  • Subscriber to then enter details like PRAN, Date of Birth and PAN.​
  • OTP for the purpose of authentication will be sent to the mobile number registered with the CRA.​
  • Subscriber need to fill up all the mandatory details (Bank, Nomination, Scheme Preference etc.) online.​
  • Upload copy of PAN Card and cancelled cheque.​
  • Subscriber needs to enter the initial amount for investment (minimum ₹ 1000).​
  • Subscriber will then be routed to a payment gateway for making the payment towards your NPS account from Debit/ Credit card or Internet Banking. To view the list of Banks available for Internet Banking, Click Here
  • Subscriber need to take a printout of the form after activation of Tier II account.​
  • The form along with copy of PAN card and cancelled cheque should be sent within 30 days from the date of activation of Tier II account to KFintech branch office or else the PRAN (Tier II) will be 'frozen' temporarily.​ ​

Tier I Tier II
Status Mandatory Voluntary
Withdrawals Restricted Permitted
Min Initial Contribution ₹ 500
₹ 1000
Min Subsequent Contribution ₹ 500 ₹ 250
Max NPS Contribution No Limit No Limit

NPS Account Types

Two Types of NPS accounts
Understanding Tier I & Tier II

The Pension Scheme, offers subscriber mainly two account types known as Tier I account and Tier II account. While Tier I account is mandatory for joining NPS, Tier II account is optional and can be opened at any point of time –at the time of opening Tier I account or later.

Tier-I /Pension Account is a long-term Permanent Retirement Account in which the subscriber invests for the long term and earns pension at the time of retirement.
On the other hand, Tier-II or Investment Account is a voluntary short-term investment account.

Tier I account is mandatory for opening Tier II account. There are no restrictions on the withdrawals from this account.